07
Aug
01:00
Restructuring in 2015 hits Klckner's bottom line
While its business has improved from the first to the second quarter, massive restructuring will mean that distribution group Klöckner & Co will end 2015 in the red, Kallanish hears from company management. The re-organisation will occur mainly in France, where the German group will close 11 sites (see Kallanish 7 August).
After the shock of steep price falls in the USA and currency frustrations in Switzerland, Klöckner benefited from the excha…
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Anonymous
Very good overview of the weekly steel market.
Anonymous